Primary on Main
Listed By:
HOMESMART REALTY GROUP - 971-599-5865
Address
231 Commercial St, Salem, OR
Price
$ 584,000
Property Attributes
  • ID#836883
  • TypeSingle Family
  • Listing Status Active
  • CountyMARION
  • CitySalem
  • Area20 CENTRAL SALEM
  • NeighborhoodSalem
  • Zip97301
  • Style
  • Year Built1867
  • Taxes$ 3221
  • Price$ 584,000
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1906
  • Lot Size0.1 Acres
Data Source:
Willamette Valley MLS (DEMO ONLY FOR COMPLIANCE)
Property Description

Step into the largest of the Downtown Salem Loft Condominiums. This is a rare 3-bedroom, 1-bath residence in the iconic Starkey-McCully building, once a home of a speakeasy. Original old growth fir wood floors from the 1800s anchor this extraordinary space, offering a warmth and authenticity no modern build can match. Soaring ceilings and thoughtful design create an airy, livable layout that honors the building's storied past while embracing today's comforts. $100 off monthly HOA for the first year! Unwind in the jetted tub or prep meals with a premium Sub-Zero refrigerator; modern luxuries that complement the loft's timeless character. Location defines this opportunity. Near Salem Hospital, Willamette University, and the Oregon State Capitol. An unbeatable advantage for professionals, students, or savvy investors. Currently thriving as a fully furnished short-term rental, this turnkey property offers immediate income potential in one of Salem's most historic addresses. Own more than a home, own a piece of Salem's history. Offered fully furnished, including art work!

Elementary School Middle School High School
Bush Elementary School Leslie Middle School South Salem High School
Price History
2/5/2026 Listed $599,000
6/19/2026 2$589,000
8/2/2026 1$584,000

General Features

Kitchen Level 1/Main
Possession COE
Water City,Connected
New Construction No
HOA Fee 564.05
Subdivision Salem
Water Heater Gas
County Marion
Class Residential
Type Condominium
Block 49
Yearly Taxes 3221
HOA Fee Frequency Monthly
Roof Other (Refer to Remarks)
Status ACTIVE
55+ Community No
Assessments or Liens No
Subdivision OR
Handicap Amenities No
HOA Association With Fee
HOA Amounts Other (Refer to Remarks)
Green Home No
Inspection Report Available No
Primary City Salem
Year Built 1867
Virtual Tour https://www.tourfactory.com/idxr3234894
City Salem
Middle School Leslie
VIEW Territorial
HOME WARRANTY No
High School South Salem
Postal Code 97301
Price Per Sq Ft Total AG 306.4
Price Per Sq Ft Total AG 306.4
TERMS SELLER WILLCONSIDER Cash,Conventional,Federal VA,FHA,ODVA

Interior Features

Living Room Level 1/Main
Flooring Vinyl,Wood
Beds 3
Total Baths 1
Full Baths 1
Dining Room Area (Combination)
Baths on Level 1 1
Bonus Rooms Den
Dual Living No
Heating-Cooling Forced Air
Dishwasher Yes
Disposal Yes
High Speed Comm Access Present
Total Baths 1

Exterior Features

Foundation Slab
Garage Type None
Price per Acre 5840000
Lot Size Area 0.1
Exterior Color Orange
Underground Sprinklers No
Flood Plan No
Patio Deck
Lot 3
SEWER - CITY Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 97301

Price
AVG $450K
$580K
Taxes
AVG $3,924
$3,221
Year Built
AVG 1959
1867
Visits
AVG 70
10
Data Provided by Inside Real Estate®

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